AskMe minority stakeholders at war with its Malaysian owner Astro Holdings"Despite best efforts of the board and management, AskMe, has been unable to meet its plans due to lack of scale, among other factors, said...
27 Jun, 2016, 01.29 AM IST
GETIT Infoservices seeks to buyout stake of Astro HoldingsGETIT Infoservices which owns online classifieds portal AskMe and AskMebazaar has bid for a management buyout (MBO) of the 90% stake held b...
16 Jun, 2016, 01.47 PM IST
MebelKart bets on 'localization' formula for online furniture retailMebelKart's premise is simple- as a platform it wants to connect buyers to furniture makers and suppliers in their locality and vicinity.
18 May, 2016, 11.21 AM IST
Housefull pushes Mebelkart to court for fakesMumbai-based Housefull said it stopped selling its furniture on Mebelkart in February after the digital marketplace failed to clear dues of...
27 Apr, 2016, 02.27 AM IST
As e-furniture companies try to take on Flipkart, Snapdeal, focus on sourcing locally'The focus is on sourcing locally and tightening the supply chain to serve a specific region to reduce costs of logistics and returns.
20 Apr, 2016, 05.33 AM IST
Budget 2016: 'Hard working' budget for startups, could have been much betterEven if incremental steps have been taken, several contentious issues have not been tackled in Arun Jaitley's Budget 2016.
29 Feb, 2016, 06.45 PM IST
Astro's Askmebazaar eyes billion-dollar valuationAstro has built a sizeable digital portfolio in India of over $200 million, of which Getit is the largest where it holds over 90% stake.
09 Feb, 2016, 05.13 PM IST
Askme brings Twinkle Khanna on board for home décor tipsAskme recently entered the furniture segment with an investment of $20 million in online furniture company MebelKart.
19 Nov, 2015, 02.41 PM IST
Home and lifestyle online marketplace Askmebazaar to enter fashion, travel spaces in 2016"We are keenly watching search queries and transactions in the entire ecosystem, and the fastest growing categories are fashion and travel,...
20 Sep, 2015, 12.48 PM IST
Askme to invest $20 million in furniture etailer MebelKartAskme.com is going to invest $20 mn in online furniture marketplace MebelKart.com over the next three quarters in return for a majority sta...
18 Aug, 2015, 10.15 AM IST
How startup founders are sealing deals over cups of coffeeNationwide, 'coffee pe charcha' (discussion over a cup of coffee) has become a serious business activity for emerging entrepreneurs.
06 Jun, 2015, 06.41 AM IST